USDCAD possible long setup

٢٧ يوليو ٢٠٢١

on the daily chart UC is in an upward channel, currently consolidating towards the lower trendline. Let's see if we can break the resistance of this consolidation. Looking for a retest after the break, if we sucsesfully retest the resistance I will go long with a TP around the 1.27700 level.

Wish you the best trades for this week.

Let me know what you think!